- Fitch Rates Massachusetts' $549.725MM GO Refunded Bonds 'AAApre'
Fitch Ratings assigns a rating of 'AAApre' to the following Commonwealth of Massachusetts (Commonwealth), General Obligation (GO) Bonds: $337,920,000 Consolidated Loan of 2005, Series A, maturing March 1, 2021 (partial refunding) through March 1, 2025 and $211,805,000 Consolidated Loan of 2005, Series C, maturing March 1, 2022 through March 1, 2025. These bonds were refunded on October 18, 2006 with proceeds of the Commonwealth's General Obligation Refunding Bonds, 2006 Series B. - Cannon Financial Institute and Prism's Registered Rep. and Trusts & Estates
Cannon Financial Institute of Athens, GA, and Prism Business Media's Registered Rep.(R) and Trusts & Estates(R), today announced the launch of a new monthly teleconference education series, aimed at helping financial advisors build and grow their wealth management practices. - First Private Bank & Trust Announces New Wealth Management & Trust Department
First Private Bank & Trust has announced the opening of a Wealth Management and Trust Department, located in Santa Monica. Only those banks specifically approved by Federal Regulators are allowed to provide Trust Services, which include estate and investment management. - Immature Kids, Second Marriages, Death - Wealth Managers Identify Toughest Topics in Best Practices
A poll of members of the Dow Jones Wealth Management Advisory Council - representing a select group of professionals offering a combination of financial and investment advice, accounting and tax services, and legal and estate planning - unveiled the toughest and most important topics to discuss with clients. - Tally-Ho Ventures Appoints Christopher Cruden and David Anderson to MasterTrust Advisory Board
Tally-Ho Ventures, Inc., (OTCBB: TLYH), an international wealth management firm, today announced the appointments of Christopher Cruden and David Anderson to the Board of Advisors for MasterTrust, S.A. ("MTPC"), its Switzerland-based financial services subsidiary, which provides asset management services for high net worth individuals, corporations and trust funds. - Fitch Rates Virginia College Building Authority $55.6MM Bonds 'AA+/F1+'
Fitch Ratings assigns an 'AA+/F1+' rating to Virginia College Building Authority's $120 million variable rate educational facilities revenue bonds (21st Century College and Equipment Program), consisting of the $60 million series 2006B and the $60 million series 2006C. In addition, Fitch affirms the authority's approximately $612 million in outstanding bonds at 'AA+'. The remarketing agents for the bonds are Lehman Brothers (series 2006B) and Wachovia Securities (series 2006C). - Amended - Fitch Rates Socorro ISD, TX $73.7MM GOs PSF 'AAA'/Underlying 'A+'
This is a correction for a previous message. It updates the syndicate leader.
Fitch Ratings assigns its 'AAA' rating to Socorro Independent School District (Socorro ISD, or the district), Texas' $73.7 million unlimited tax school building bonds, series 2006A, based on its guaranty from the Texas Permanent School Fund (PSF) whose financial strength is rated 'AAA' by Fitch. - Fitch Affirms 6 RMBS classes from ACE Securities Corp. 2003-MH1
Fitch affirms the following classes from the ACE Securities Corp. Manufactured Housing Trust issue, 2003-MH1:
-- Class A-2 at 'AAA';
-- Class A-3 at 'AAA';
-- Class A-4 at 'AAA';
-- Class M-1 at 'AA'; - Hyperdynamics Moves to New Corporate Headquarters
Hyperdynamics Corporation (AMEX:HDY), an oil and gas exploration and production company, today announced it has relocated its corporate headquarters to "Class A" office space at the landmark Comerica Bank Building located at One Sugar Creek Center Boulevard in Sugar Land, Texas. - Seneca Capital Management Completes $300 Million CLO
The Phoenix Companies, Inc. (NYSE: PNX) today announced that its affiliate, Seneca Capital Management, LLC (SCM), has closed on Nob Hill CLO, Limited, a $300 million collateralized loan obligation (CLO) offering. The securities were issued in a private offering unregistered under the United States Securities Act of 1933.
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